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How Temple & Webster plans to use AI, private labels to reach $1b in sales

Inside Retail

Online furniture and homewares retailer Temple & Webster has partially recovered from the significant losses that occurred during the first half of the 2023 financial year, and is focusing on its private labels, AI technology and value proposition to drive growth and market share over the next three to five years.

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What’s in Store for Grocery in 2022?

Retail TouchPoints

Outfits like GoPuff, Gorillas and 1520 took the grocery market by storm in 2021, offering a limited menu of consumables, delivered to your door in an incredible 30 minutes or less (and commanding multi-billion dollar valuations in the process.) So what changes should we expect to see in 2022? Here’s my take: 1.

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Wiser Insights: Navigating 2023’s Online Back-to-School Retail Trends

Wiser

This transition, coupled with the ongoing impact of the global pandemic, has necessitated a re-evaluation of strategies and approaches for businesses seeking to thrive in this evolving market. The convenience, variety, and value offered by online platforms presents a compelling proposition for consumers.

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Loylogic launches unique new loyalty point affiliate programme

Retail Focus

The programme offers free shipping on orders and groceries, discounts on fuel, as well as innovative mobile scan-and-go checkout functionality that can be used at physical stores. We are delighted to be able to give our members direct access to exclusive brands and highly attractive offers through our new partnership with Dezerved.

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The Power of Pricing: How to Secure the Buy Box at Higher Rates

Wiser

This could involve maintaining a high seller rating, offering competitive shipping options, and ensuring a good customer experience to secure positive reviews. The goal is to demonstrate value beyond just price, emphasizing the reliability and quality of your service.

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How to Write a Price Increase Letter + Examples

Small Biz Trends

Increasing the current price will impact your entire team, so make sure you notify everyone from sales reps and digital marketing to the customer service team and support staff. Due to global inflation and unforeseen shipping and raw materials costs, our business will be making a small price adjustment to [Produce or Service] by [$Amount].